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Updated almost 6 years ago on . Most recent reply

User Stats

28
Posts
1
Votes
Mark Millich
  • Charles Town, WV
1
Votes |
28
Posts

Single Family Homes or Multifamily? Where should I start?

Mark Millich
  • Charles Town, WV
Posted

I'm looking to invest in my first property, but don't know where to start.  I'm going back and forth between single family and multifamily homes. While the multifamily may cost more, it seems to me to be the better investment since you're obviously getting multiple units. I'm finding some very decent multifamily homes for around the same price as some singles as well. I'm taking into account the expenses as well on these - property taxes, vacancy, insurance, mortgage etc. Any advice is greatly appreciated!

Most Popular Reply

User Stats

220
Posts
288
Votes
Mike Roy
  • Rental Property Investor
  • Bath, ME
288
Votes |
220
Posts
Mike Roy
  • Rental Property Investor
  • Bath, ME
Replied

@Mark Millich My best advice is to find one All Star.  They will know the rest.  

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